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Leading the News

Preparing for Hurricane Milton (10/07/2024)

Small businesses still cleaning up from Hurricane Helene are bracing for another massive storm

The National Hurricane Center on Monday predicted that Hurricane Milton will become a Category 5 storm before making landfall along the Gulf Coast near Tampa. The storm will be the second major hurricane to hit the state in as many weeks.

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Business Climate

NEW NFIB SURVEY: Main Street Uncertainty Reaches All-Time High (10/08/2024)

WASHINGTON, D.C. (Oct. 8, 2024) – The NFIB Small Business Optimism Index rose by 0.3 points in September to 91.5. This is the 33rd consecutive month below the 50-year average of 98. The Uncertainty Index rose 11 points to 103, the highest reading recorded. Fifty-one percent of owners reported capital outlays in the last six months, down five points from August. Meanwhile, the number of owners reporting inventory gains fell four points to a net negative 13% (seasonally adjusted), the lowest reading since June 2020.

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Wages and Benefits

NFIB Testifies on Employer-Sponsored Health Benefits Before U.S. House Education and the Workforce Subcommittee (09/11/2024)

NFIB’s Holly Wade spoke on the value of employer-provided health coverage for Main Street businesses and the U.S. economy, as well as the burden of rising costs on small businesses

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